Managing the flow of materials across the supply chain

Holweg, Matthias and Rich, Nicholas Leo 2004. Managing the flow of materials across the supply chain. Bidgoli, Hossein, ed. The Internet Encyclopedia, John Wiley & Sons, (10.1002/047148296X.tie113)

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Abstract

Fundamental to the success of any supply chain is the management of both the material flow of product and the information flow. For any supply chain to be effective, these flows cannot be interrupted or distorted without incurring waste and consuming management time in correcting problems. In addition, the procurement of materials, manufacturing, and distribution of products accounts for the majority of the overall cost and is key to customer service and overall competitiveness. Therefore, the development of a supply chain management capability for modern businesses is a means of contributing to business efficiency, effectiveness, and competitive advantage over rival producers. With the Internet enabling rapid information flow, much of the recent attention has focused on the information flow only, yet even in Internet-enabled supply chains, the overall success still depends on an uninterrupted and efficient physical order fulfilment process. This chapter discuss the basics of both material and information flows and their interactions and concludes with an overview of current challenges and future trends on how to manage efficiently the material flow in the supply chain in the Internet age.

Item Type:	Book Section
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Uncontrolled Keywords:	just in time (JIT); kanban; manufacturing and distribution of products; material requirements planning (MRP); procurement of materials; supply chain
Additional Information:	Online publication
Publisher:	John Wiley & Sons
ISBN:	9780471482963
Last Modified:	19 Mar 2016 23:12
URI:	https://orca.cardiff.ac.uk/id/eprint/42487

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